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South Sound Logistics Center
 
 
Market Analysis, South Sound Logistics Center
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Challenge. This project provided the ports of Olympia and Tacoma with data to make informed decisions regarding the economic feasibility and direction of the proposed South Sound Logistics Center (SSLC).

Solution. Chabin assembled a team of professionals to conduct a detailed market analysis to identify potential and preferred occupants and analyze the corresponding economic and fiscal impacts of the SSLC development.

Key market drivers focused on:
1.      Global supply chain growth
2.      Limited large footprint industrial space in the Pacific Northwest
3.      Limited light industrial property in the Puget Sound region

The results of the proposed SSLC, at full build-out, based on recommended industries and operations would generate:      
  • $750 million a year for the state’s economy
  • 3,800 jobs by 2025 (1,900 direct, 1,900 indirect jobs) with an estimated payroll of $230 million
  • Potentially an additional $55 million in state and local taxes per year
 
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Chabin Concepts - Delivering Strategic Solutions, Tactics & Tools